What's the outlook for sugar prices?

There's still likely to be a production surplus, and MS is forecasting sugar prices to fall from $0.19/lb for 2012/2013 compared with $0.21/lb currently.

Source: Morgan Stanley

Will chicken prices rise to offset feed cost inflation?

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No. Prices would need to average $0.83/lb for the industry to be profitable over the next twelve months, versus $0.73/lb in the last twelve months. MS expects chicken to be an unprofitable business for some time and remains underweight Tyson and Sanderson Farms and equal-weight Brasil Foods S.A..

Source: Morgan Stanley

How will the recent corn price run impact 2012/13 nitrogen fertilizer demand?

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Demand is going to be huge. Corn acreage expectations will call for another large crop in 2013. MS maintains positive outlooks for CF Industries and Agrium.

Source: Morgan Stanley

When will India re-enter the potash market?

It's not clear.India is experiencing medium-high inflation and "very low" potash use. MS is reluctant to recommend Potash, Mosaic, Intrepid Potash and The Chemical and Mining Co. of Chile.